£715,741
This estimated value is based upon the latest sale price for the house of £585,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £585,000 | 7 Feb 2020 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in February 2020 the House Price Index for CUMBRIA was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £585,000 results in an estimated price of approximately £715,741.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £585,000 | £130,741 | £715,741 |
The Postcode Pricing Model uses changes in average sales price within the LA22 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -69.231 % | £-404,999 | £180,000 |
| 3 Month Average | -42.064 % | £-246,073 | £338,926 |
| 6 Month Average | -4.951 % | £-28,960 | £556,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £383,866 | £378,700 | 4 STUDIO HOUSE LAKE ROAD |
| 28 Apr 2023 | £151,633 | £150,000 | WORKSHOP ADJOINING THE REAR OF, 8 CHURCH STREET |
| 24 Feb 2023 | £264,822 | £265,000 | 1 STUDIO HOUSE LAKE ROAD |
| 8 Aug 2022 | £897,022 | £899,437 | GALE HOUSE LOW GALE |
| 1 Aug 2022 | £518,604 | £520,000 | UNIT C 101 LAKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Low Gale |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near King Street |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near King Street |